Plain English Breakdown
The official source material does not provide specific details on how the Tourism Fund will be used or what activities will receive funding.
Dedicating Meal Tax Revenue to Tourism Fund
This act requires a portion of the tax revenue from meals sold by restaurants, caterers, or grocery stores to be put into the Tourism Fund.
What This Bill Does
- Requires one percent of meal taxes collected from eating establishments, caterers, and grocery stores to go into the Tourism Fund.
Who It Names or Affects
- Restaurants, caterers, and grocery stores that sell meals will have their tax revenue used for tourism purposes.
- Tourism businesses like hotels, museums, and cultural centers may benefit from increased funding for marketing and development.
Terms To Know
- Tourism Fund
- A special fund that collects money to support activities related to promoting tourism in the state.
- Eating establishment
- A place where people go to eat meals, like a restaurant or cafe.
Limits and Unknowns
- The bill does not specify how much of the meal tax revenue will be dedicated to the Tourism Fund.
- It is unclear what specific tourism activities and projects will receive funding from this new source of money.